Corps Capital Advisors LLC Purchases New Shares in HF Sinclair Co. (NYSE:DINO)

Corps Capital Advisors LLC purchased a new stake in shares of HF Sinclair Co. (NYSE:DINO) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,250 shares of the company’s stock, valued at approximately $359,000.

A number of other hedge funds also recently bought and sold shares of DINO. Capital Performance Advisors LLP purchased a new stake in HF Sinclair during the third quarter valued at $27,000. Sugar Maple Asset Management LLC purchased a new stake in HF Sinclair during the fourth quarter valued at $27,000. MassMutual Private Wealth & Trust FSB raised its stake in HF Sinclair by 68.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company’s stock valued at $48,000 after purchasing an additional 558 shares in the last quarter. Millburn Ridgefield Corp purchased a new stake in HF Sinclair during the third quarter valued at $50,000. Finally, Coastline Trust Co purchased a new stake in shares of HF Sinclair in the third quarter valued at $55,000. Hedge funds and other institutional investors own 88.29% of the company’s stock.

HF Sinclair Trading Down 1.7 %

DINO stock opened at $37.83 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The company has a market capitalization of $7.12 billion, a PE ratio of 23.35 and a beta of 1.22. The firm’s 50-day moving average is $36.02 and its 200 day moving average is $41.37. HF Sinclair Co. has a 12 month low of $33.47 and a 12 month high of $64.16.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on DINO. Barclays lowered their target price on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Wells Fargo & Company lowered shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $53.00 to $45.00 in a report on Monday, December 9th. TD Cowen lowered their target price on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a report on Wednesday, December 18th. Mizuho lowered their target price on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. lowered their target price on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, December 10th. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $51.00.

Insider Buying and Selling at HF Sinclair

In other HF Sinclair news, CFO Atanas H. Atanasov bought 7,000 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were acquired at an average price of $37.96 per share, with a total value of $265,720.00. Following the transaction, the chief financial officer now owns 71,927 shares of the company’s stock, valued at approximately $2,730,348.92. This trade represents a 10.78 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.28% of the company’s stock.

About HF Sinclair

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.